401(k) · DOL Form 5500 · 2024

Credence Management Solutions LLC 401(k) Plan

Data updated 2026-08-25

$83M
Total assets Below avg plan size
1,217
Participants Near avg headcount
89th
Percentile by assets National rank
$68,302
Avg per participant Below avg balance/head
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Official DOL plan name: Credence Management Solutions 401(k) Profit Sharing Plan · Sponsored by Credence Management Solutions LLC · Virginia · Professional & Technical Services

$83M in assets, 1,217 participants

Credence Management Solutions LLC's Credence Management Solutions 401(k) Profit Sharing Plan reported $83M in total assets and 1,217 participants in its 2024 DOL Form 5500 filing, ranking in the 89th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,181 in Professional & Technical Services (20,173 peers)

Where Credence Management Solutions 401(k) Profit Sharing Plan sits by assets

Credence Management Solutions 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $83M for 1,217 participants (~$68,302/participant), up 23.1% in 2024.

#18,181
in Professional & Technical Services (20,173 peers)
+23.1%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Credence Management Solutions 401(k) Profit Sharing Plan's outsized position by total assets

Credence Management Solutions 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$83,123,883 Top 11% higher than 89% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Credence Management Solutions 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Credence Management Solutions 401(k) Profit Sharing Plan lands in the large band (1,217 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Credence Management Solutions 401(k) Profit Sharing Plan end-of-year assets rose from $68M in the plan year 2023 filing to $83M in the plan year 2024 filing.
  • Credence Management Solutions 401(k) Profit Sharing Plan reported participants rose from 1,101 in the plan year 2023 filing to 1,217 in the plan year 2024 filing.
  • Credence Management Solutions 401(k) Profit Sharing Plan reported net income fell from $17M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 203679671 · Credence Management Solutions LLC PY 2024 · 401(k)

Credence Management Solutions 401(k) Profit Sharing Plan · $83M · 1,217 · 89th

  • EBSA $83M
  • PART 1,217
  • TYPE 89th
  • NET 401(k)
  • BOOK near Frandsen Financial Corporation Tax Deferred Savings and Profit Sharing Plan
  • VS-ST ind #18181

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Virginia →

Credence Management Solutions 401(k) Profit Sharing Plan in the asset neighbourhood

Tri-Counties Bank 401(k) Plan$83MImt Insurance Company Retirement Savings PlanImt Insurance Company Retire…$83MFrandsen Financial Corporation Tax Deferred Savings and Profit Sharing PlanFrandsen Financial Corporati…$83MHorizon Services LLC 401(k) PlanHorizon Services LLC 401(k) …$83MCredence Management Solutions 401(k) Profit Sharing PlanCredence Management Solution…$83M
End-of-year total assets ($M) among Credence Management Solutions 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$83M
Net Income$16M
Employer EIN203679671
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Credence Management Solutions LLC)

Sponsor-wide plan assets over time

All Credence Management Solutions LLC plans reported in each filing year

Latest sponsor-wide plan assets
$106M 110.60946438639651% vs 2022
2024 filing year
$40M$60M$80M$100M$120M 202220232024 $50.5M $106M ▲ +110.6%
Year Plans Participants Total Assets
2022 1 1,041 $51M
2023 1 1,101 $68M
2024 2 1,537 $106M

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Credence Management Solutions 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Credence Management Solutions 401(k) Profit Sharing Plan, Total assets ($B): 0.083123883 · Participants: 1217Credence Management Solutions 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Credence Management Solutions 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Credence Management Solutions 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Frandsen Financial Corporation Tax Deferred Savings and Profit Sharing Plan in MN ($83M); by covered participants it is The Savings Plan (401(k)) of Mitsubishi International Corporation in NY (1,217 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,217 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Credence Management Solutions 401(k) Profit Sharing Plan assets move in 2024?
Credence Management Solutions 401(k) Profit Sharing Plan grew sharply - up 23.1% during 2024, from $68M to $83M. Reported net income was $16M.
How have Credence Management Solutions LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Credence Management Solutions LLC's sponsor-wide assets grew 110.6%, from $51M to $106M.
Where does Credence Management Solutions 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Credence Management Solutions 401(k) Profit Sharing Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Credence Management Solutions 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Frandsen Financial Corporation Tax Deferred Savings and Profit Sharing Plan in MN ($83M, 501 participants).
Which 401(k) plans cover a similar participant headcount to Credence Management Solutions 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is The Savings Plan (401(k)) of Mitsubishi International Corporation in NY (1,217 participants, $294M in assets).